208 W 32nd St, Austin, TX, 78705 | 4.32% Rental Yield

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208 W 32nd St, Austin, TX, 78705 | 4.32% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Austin at 208 W 32nd St, Austin, TX, 78705 offers a 4.32% rental yield on a $700,000 purchase with $2,520/mo rent. 25% in year one. Equity gained on principal adds $4,517/yr while 5% annual appreciation supports $193,397 over five years. Portfolio math shows five-year ROI at 36.17% and total cumulative return in cash at $83,308. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,520/mo property income against a $3,426/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1928

9,962 sqft lot

$N/A/sqft

No HOA

More details about the property

Rare extensive remodel/restoration or rebuild opportunity in the highly sought after North University neighborhood just minutes from the UT campus. Sitting on an oversized corner lot across the street from Hemphill park with provides the an opportunity like no other to redesign and renovate the in place historic home or start over with a completely new build maximizing the lot characteristics such as size and open space / lack of a neighbor to the west. This property is the perfect opportunity to build a forever home in the heart of with access to everything Austin has to offer including downtown, the Univeristy of Texas, the Domain and many more popular features and attractions. This location has everything. This is an extremely rare opportunity to purchase a property at approximately the tax appraised value and create something truly special in one of the best neighborhoods in central Austin.

Neighborhood Data

Neighborhood data shown for ZIP Code: 78705, Austin, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	15,526 (100%)
Owner Occupied HU	1,265 ( 8.1%)
Renter Occupied HU	12,438 (80.1%)
Vacant Housing Units	1,823 (11.7%)
Median Home Value	$659,871
Average Home Value	$784,458